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Open Lease Calculation (OLC)
Compared to CLC, OLC better reflects the reality of the car fleet, yet it does not ensure a stable cash flow. If you choose an open lease contract, you will share in some of the operating elements. Each year we examine the balance of the revenues of the cars whose leasing contracts have expired in that year; if there is a positive balance on the maintenance and repair costs, you receive the amount of that profit mutually agreed upon in the master contract. If the earnings are negative, Business Lease absorbs the entire loss. These balance settlements are made once a year.
